VandeWater & Associates Licensed Real Estate Brokerage

 

 

    

​NEW FALL LAND SALE IN THE BEAUTIFUL FINGER LAKES REGION 

CLOSE TO CORTLAND & ITHACA AND OSWASCO LAKE

16 ACRES WITH OVER 1100 FEET OF CASCADING STREAM FRONTAGE WITH SEVERAL MAGNIFICENT WATERFALLS

ONLY $49,900

For more information call 315-348-8884 or 800-615-2321 www.vandewaterland.com

 

 



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What is a 1031

Section 1031 of the Internal Revenue Code provides that no gain or loss shall be recognized on the exchange of property held for productive use in a trade or business, or for investment.  A tax deferred exchange is a method by which a property owner trades one or more relinquished properties for one or more replacement properties of like-kind, while deferring the payment of federal income taxes and some state taxes on the transaction.

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